Istuary Innovation Group and Associated Companies
In 2017 and 2018, certain employees (the “Affected Employees”) of the Istuary Group filed Employment Standards Complaints with the Ontario Ministry of Labour for unpaid salaries, vacation, and termination pay.
An Employment Standards Officer from the Ministry of Labour ordered the various members of the Istuary Group to pay the Affected Employees in respect of their claims. Certain members of the Istuary Group (the “Settling Defendants”) then then appealed the decision to the Ontario Labour Relations Board (“OLRB”).
Koskie Minsky LLP was retained by approximately 25 Affected Employees to represent them in these proceedings at the OLRB. A committee of the Affected Employees was formed to provide instructions to Koskie Minsky LLP (“the Employee Committee”).
A preliminary motion brought by the Settling Defendants to dismiss the claim was dismissed by the OLRB.
A mediation occurred where the Affected Employees and the Settling Defendants reached a proposed settlement. The settlement, which will see approximately 50% of the value of each employee’s claim paid, covers all Affected Employees of Istuary and its related companies.
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Latest Developments
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December 10, 2024
On December 3, 2024, the Ontario Labour Relations Board released a decision approving a process for canvassing employee support for the settlement. A copy of the decision can be downloaded here.
Next Steps
Koskie Minsky LLP will be preparing an email to each claimant to provide notice of the claim and to inform of their settlement amount.
If you wish to opt out of this settlement, you must complete and return the opt-out form found here to Koskie Minsky LLP by 5:00 pm EST on January 17, 2025.
If claimants holding at least 97% of the value of the total amount of the claim do not opt out, the settlement will be approved.
Koskie Minsky LLP has recorded a virtual information session regarding the settlement. It is accessible here.
To obtain additional information, please contact Koskie Minsky LLP by phone or email:
Tollfree: 1-800-469-3350
Email: istuarygroup@kmlaw.ca
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December 10, 2024
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Contacts
Tollfree: 1-800-469-3350
Email: istuarygroup@kmlaw.ca